Las Vegas Sands (LVS) EBT (2009 - 2026)
Las Vegas Sands (LVS) posted EBT of $461.0 million for Q2 2026, down 38.37% on a QoQ basis from $748.0 million in Q1 2026, and down 24.3% year-over-year from $609.0 million in Q2 2025.
Analysis
Las Vegas Sands (LVS) EBT (2009 - 2026) Analysis & Trends
Las Vegas Sands has reported EBT for 18 years, with the latest figure at $461.0 million in Q2 2026.
- On a quarterly basis, EBT fell 24.3% year-over-year to $461.0 million in Q2 2026; TTM through Jun 2026 was $2.3 billion, a 20.47% increase from a year earlier, with the FY2025 full-year figure at $2.2 billion, up 12.91% from the prior year.
- EBT was $461.0 million for Q2 2026 at Las Vegas Sands, down from $748.0 million in the prior quarter.
- The five-year high for EBT was $748.0 million in Q1 2026, with the low at -$476.0 million in Q1 2022.
- Average EBT over 5 years is $320.6 million, with a median of $466.0 million recorded in 2024.
- The sharpest annual moves came in 2022 and 2023: EBT plunged 78.95% in 2022, then surged 306.27% in 2023.
- Over 5 years, EBT stood at -$287.0 million in 2022, then soared by 306.27% to $592.0 million in 2023, then fell by 22.13% to $461.0 million in 2024, then grew by 19.52% to $551.0 million in 2025, then dropped by 16.33% to $461.0 million in 2026.
- The last three EBT figures came in at $461.0 million (Q2 2026), $748.0 million (Q1 2026), and $551.0 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT (Qtr) |
|---|---|---|---|---|---|
| 1 | Las Vegas Sands | 27.90 Bn | 24.52 Bn | 1.81 Bn | 461.00 Mn |
| 2 | MGM Resorts International | 10.33 Bn | 7.78 Bn | 3.10 Bn | 413.52 Mn |
| 3 | Wynn Resorts | 9.08 Bn | 7.50 Bn | 1.14 Bn | 198.73 Mn |
| 4 | Caesars Entertainment | 6.05 Bn | 4.99 Bn | 2.04 Bn | -53.00 Mn |
| 5 | Churchill Downs | 5.79 Bn | 5.59 Bn | 712.00 Mn | 328.00 Mn |
| 6 | Boyd Gaming | 5.71 Bn | 5.39 Bn | 766.76 Mn | 170.56 Mn |
| 7 | Red Rock Resorts | 3.17 Bn | 2.56 Bn | 420.02 Mn | 90.08 Mn |
| 8 | PENN Entertainment | 2.28 Bn | 1.39 Bn | 1.02 Bn | 39.70 Mn |
| 9 | Monarch Casino & Resort | 2.14 Bn | 2.00 Bn | 38.62 Mn | 39.37 Mn |
| 10 | Melco Resorts & Entertainment | 1.99 Bn | 1.42 Bn | 1.05 Bn | 31.35 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 461.00 Mn |
| Mar 31, 2026 | 748.00 Mn |
| Dec 31, 2025 | 551.00 Mn |
| Sep 30, 2025 | 582.00 Mn |
| Jun 30, 2025 | 609.00 Mn |
| Mar 31, 2025 | 471.00 Mn |
| Dec 31, 2024 | 461.00 Mn |
| Sep 30, 2024 | 403.00 Mn |
| Jun 30, 2024 | 496.00 Mn |
| Mar 31, 2024 | 600.00 Mn |
| Dec 31, 2023 | 592.00 Mn |
| Sep 30, 2023 | 571.00 Mn |
| Jun 30, 2023 | 417.00 Mn |
| Mar 31, 2023 | 195.00 Mn |
| Dec 31, 2022 | -287.00 Mn |
| Sep 30, 2022 | -320.00 Mn |
| Jun 30, 2022 | -304.00 Mn |
| Mar 31, 2022 | -476.00 Mn |
| Dec 31, 2021 | -301.00 Mn |
| Sep 30, 2021 | -621.00 Mn |